Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
Got a story for the Middle East steel market? Submit news
750 news items from China. Show all
China's JISCO Carbon Steel has commenced production on the world's first integrated line combining hot strip mill (HSM) and compact strip production (CSP) technologies at its Jiayuguan plant. The new line lifts annual…
Iron ore futures fell on Monday as softening fundamentals ahead of the Chinese New Year holidays dampened market sentiment. Rising iron ore inventories at major Chinese ports and slower restocking activity are expected…
Iron ore futures remained under pressure on Friday as market sentiment stayed cautious amid rising supply and record-high inventories. Iron ore stockpiles at major Chinese ports have reportedly climbed to around 170 mln…
Iron ore futures rose on Thursday as expectations of a near-term recovery in steel demand improved market sentiment ahead of the Lunar New Year holidays, although broader demand concerns persisted. Market sources said…
Iron ore futures extended losses on Wednesday as weak steel demand and rising supply continued to weigh on market sentiment. Fundamentals remain under pressure amid record-high iron ore inventories at Chinese ports and…
Chinese steel producer Maanshan Iron and Steel Co., Ltd. (Masteel) has awarded Primetals Technologies a contract to engineer, supply and commission a new bow-type, two-strand continuous slab caster to support…
Iron ore futures extended losses on Tuesday as the market remained cautious amid rising supply and subdued steel demand. Iron ore prices continued to face pressure from record-high inventories at major Chinese ports…
Iron ore futures remained subdued on Monday as oversupply pressure continued to weigh on market sentiment. Rising global supply, together with high iron ore inventories at major Chinese ports, kept the market under…
Iron ore futures rose on Friday, supported by pre-holiday restocking by Chinese steel mills, although concerns over rising supply are expected to limit further upside. Steelmakers increased inquiries and procurement…
Iron ore futures inched higher on Thursday, supported by China's latest fiscal stimulus measures, although gains remained limited amid continued concerns over rising supply. Iron ore futures found some support after…
Iron ore futures extended losses on Wednesday, marking a fifth consecutive session of declines, as rising supply and lingering demand concerns continued to weigh on market sentiment. Supply-side pressure intensified…
Xiangtan Iron and Steel has again selected Primetals Technologies to upgrade its Multi-Purpose Interrupted Cooling (MULPIC) line, aiming to improve cooling performance for new, higher-value alloys and increase…
Iron ore futures fell on Tuesday as market sentiment weakened following a fatal accident at a Chinese steel plant, raising concerns over tighter safety inspections and their potential impact on steel production. An…
Iron ore futures fell on Monday as soft economic data and lingering weakness in China's property sector continued to weigh on market sentiment, alongside lower steel production figures for last year. Data from the…
A powerful explosion at a steel plant in China's Inner Mongolia autonomous region on Sunday killed at least two people and left eight others missing, while 84 were injured, according to local authorities. The incident…
Iron ore futures declined on Friday as rising inventories at major Chinese ports weighed on market sentiment, although expectations of improved demand helped limit losses. Port stocks continued to build as tight…
Andritz has acquired a 51pct stake in Baoding Sanzheng Electrical Equipment Co., Ltd., a China-based supplier of advanced industrial induction heating systems, the company said. The acquisition strengthens Andritz's…
Iron ore futures declined on Thursday as market sentiment remained cautious, with expectations of improving demand yet to fully materialize. Higher iron ore inventories at major Chinese ports, rising global supply, and…
Tonghua Iron and Steel (Tonggang) has completed a ladle furnace upgrade at its Jilin Province site, with Primetals Technologies supplying and commissioning a new set of three-phase copper-clad electrode arms. The…
Iron ore futures edged higher on Wednesday, supported by record Chinese steel export and iron ore import data, although overall market sentiment remained cautious. Data from the General Administration of Customs showed…
“Premium Content” marks a news item that needs a subscription to read in full.
